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Revenue → Gross profit: $42.4B
Gross profit → Operating profit: $27.0B
Intelligent Cloud → Revenue: $25.9B
Server products & cloud → Intelligent Cloud: $24.0B
Operating profit → Net profit: $21.9B
Revenue → Cost of revenue: $19.6B
Productivity → Revenue: $19.2B
Personal Computing → Revenue: $16.9B
Gross profit → Operating expenses: $15.4B
Cost of revenue → Service costs: $13.7B
Office products → Productivity: $13.5B
Operating expenses → R&D: $7.1B
Gaming → Personal Computing: $7.1B
Operating expenses → S&M: $6.2B
Cost of revenue → Product costs: $6.0B
Windows → Personal Computing: $5.3B
Operating profit → Tax: $4.7B
LinkedIn → Productivity: $4.2B
Search & news advertising → Personal Computing: $3.2B
Operating expenses → G&A: $2.0B
Enterprise services → Intelligent Cloud: $1.9B
Other productivity → Productivity: $1.6B
Devices → Personal Computing: $1.3B
Operating profit → Other expenses: $0.5B
Other cloud → Intelligent Cloud: $0.0B
Server products & cloud: $24.0B
Intelligent Cloud: $25.9B
Enterprise services: $1.9B
Other cloud: $0.0B
Office products: $13.5B
Productivity: $19.2B
LinkedIn: $4.2B
Other productivity: $1.6B
Windows: $5.3B
Personal Computing: $16.9B
Gaming: $7.1B
Search & news advertising: $3.2B
Devices: $1.3B
Revenue: $62.0B
Gross profit: $42.4B
Cost of revenue: $19.6B
Operating profit: $27.0B
Operating expenses: $15.4B
Product costs: $6.0B
Service costs: $13.7B
Net profit: $21.9B
Tax: $4.7B
Other expenses: $0.5B
R&D: $7.1B
S&M: $6.2B
G&A: $2.0B
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Server products & cloud
$24.0B
22% Y/Y
Intelligent Cloud
$25.9B
20% Y/Y
Enterprise services
$1.9B
1% Y/Y
Other cloud
$11M
-72% Y/Y
Office products
$13.5B
14% Y/Y
Productivity
$19.2B
13% Y/Y
LinkedIn
$4.2B
9% Y/Y
Other productivity
$1.6B
21% Y/Y
Windows
$5.3B
9% Y/Y
Personal Computing
$16.9B
19% Y/Y
Gaming
$7.1B
49% Y/Y
Search & news advertising
$3.2B
0% Y/Y
Devices
$1.3B
-9% Y/Y
Revenue
$62.0B
18% Y/Y
Gross profit
$42.4B
20% Y/Y
Cost of revenue
$19.6B
12% Y/Y
Operating profit
$27.0B
33% Y/Y
Operating expenses
$15.4B
3% Y/Y
Product costs
$6.0B
5% Y/Y
Service costs
$13.7B
16% Y/Y
Net profit
$21.9B
33% Y/Y
Tax
$4.7B
19% Y/Y
Other expenses
$0.5B
743% Y/Y
R&D
$7.1B
4% Y/Y
S&M
$6.2B
10% Y/Y
G&A
$2.0B
-15% Y/Y
Microsoft Q2 FY24 Income Statement
2020
Full Year
2021
Full Year
2022
Full Year
2023
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
2025
Q1
Full Year
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